A bipartisan group of Senators will meet once more to work out a compromise on the budget. (Reuters)
Google (NASDAQ: GOOG) and Facebook have considered a purchase of Skype. (Reuters)
The Federal Reserve said it was prepared to blunt inflation but said it was too early for the effort. (Reuters)
Easter sales helped April retail figures. (Reuters)
Stocks continued to drop on concerns about the US economy. (Reuters)
Brent crude remained above $121 on the value of the dollar. (Reuters)
Apple (NASDAQ: AAPL) changed software in its mobile devices to disable part of its tracker ability. (Reuters)
Shares in China social network RenRen soared after its IPO. (Reuters)
Warner Music Group (NYSE: WMG) may be sold within days. (Reuters)
Applied Materials will buy Varian Semi. (Reuters)
An investigation into bribes allegedly made by Avon (NYSE: AVP) grew. (WSJ)
A drop in concerns about defaults of muni bonds helped bring down interest rates. (WSJ)
Debate about a restructure of Greek debt has flamed disagreements amount EU members. (WSJ)
Nintendo cut the prices of its Wii. (WSJ)
Glencore’s top five executive will own nearly $25 billion of the firm’s shares.(WSJ)
The US Commerce Department said China has renewed its resistance to the presence of foreign firms. (WSJ)
Profits moved higher at Electronic Arts (NASDAQ: ERTS) as it moved beyond the sale of discs. (WSJ)
Intel (NASDAQ: INTC) showed new chips that it said were the biggest advance in the industry in 50 years. (WSJ)
RalCorp turned down an offer from ConAgra. (WSJ)
Amazon (NASDAQ: AMZN) will release new romance novels to help it compete with traditional publishers. (WSJ)
Silver plunged below $40. (WSJ)
A plan to extend the day the debt ceiling is hit could damage US government agencies and the economy. (NYT)
Interest rates on Portugal’s debt rose even after it agreed to an EU and IMF bailou.t (NYT)
Bank of America (NYSE: BAC) will triple its number of mortgage aid centers. (NYT)
Dunkin’ Brands may have an IPO. (FT)
As the number of plants put in China by overseas companies slows, the US may become the world’s largest manufacturer again. (FT)
Online shopping rose sharply due to high US fuel prices. (FT)
The head of the ECB may show how quickly he is ready to raise rates to fight inflation. (Bloomberg)
Several large central banks added substantially to the gold reserves. (Bloomberg)
Douglas A. McIntyre
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